Havent posted in a while

I havent posted in a while been busy with Christmas and everything. Here is an update to my progress. Got 3k from my dad for Christmas to go into my IRA. Account Totals Banking $45,736.52 Credit Cards $0.00 Investment $28,467.39 Total Value $74,203.91

Passed 70k woo hoo

Stock went high and i got divident from Dupont for $37.

Account Totals
Banking	$41,694.60
Credit Cards	-$51.05
Investment	$28,392.56
Total Value	$70,036.11

Financial Status Update

Account Totals
Banking	$41,684.97
Credit Cards	-$51.05
Investment	$28,279.14
Total Value	$69,913.06

Intrest Rates now 4.25%

Intrest rates are now 4.25% woo hoo. Hopefully HSBC will raise it to 4.25%. I will be updating my finance shortly.

Feeling Shitty

Well was thinking to myself, i get paid a lousy 38,000 a year and i am 24. Thinking of the best way to make 60k by 30 years old at least. I been working at a company for 1 years 2 month. Raises dont happen till March which sucks. I got dicked by comming in in Oct so i didnt get a raise in Dec. Then they make me wait till March now. So pretty much i worked a year and half with no raise till i get a raise. Thinking of being an analyst or DBA gives u more pay when switching jobs. Plus they are better paying positions. * End Rant*

Transparent Wallet

Now guys here is the real deal. You can see exactly where i put my money and how much. I have a strange allocation. Account List Your accounts are listed below. To see account details, click the name of the account. MSN Money Accounts HSBC Bank USA Banking Earns me 4% 14 hrs ago $25,386.04 Paypal - Money Ma Premier Account - United States Buy/sell Stuff 2 hrs ago - United States $7.47 Washington Mutu TRADITIONAL CERTIFICATE OF DEPOSIT Empty CD 37 mins ago $0.00 Washington Mutu TRADITIONAL CERTIFICATE OF DEPOSIT Gets 3.75% 37 mins ago $12,362.60 Washington Mutual FREE CHECKING For rent and expenses 37 mins ago $3,928.86 Credit Card Accounts Citi Cards CREDIT CARD ************7316 Charging stuff and earning 1% back 12 hrs ago -$51.05 Citi Cards CREDIT CARD ************8156 2nd Credit card " " 12 hrs ago $0.00 Investment Accounts Charles Schwab Investment 49 mins ago $16,755.88 Stocks Great-West 401k Investment 52 mins ago $6,564.57 401k Janus Investment N/A $4,276.47 IRA Account Totals Banking $41,684.97 Credit Cards -$51.05 Investment $27,596.92 Total Value $69,230.84

My Open Wallet

I make 38k a year, as a technical support engineer, just got of college about 1 year and 4 months ago. Been working for 1 year and 2 months now. I save about 2k a month. My take home after taxes is 2600 a month. Expenses are 600 a month. $400 on rent 200 on food/gas and everything else. Sometimes i do go over my 600 but not by much maybe $40 at most. Putting 2k a month is nice however i do have to live pretty frugal. Drinks at a club cost $10 a pop. Buying a round of drinks for friends would cost anywhere from 60-100 depending on how many people are there. Then there is the girlfriend which does not want to eat fast food haha. My spending style is very conservative. Spending $20 on gas a week and $20 on food a week. Some people may ask how do i have a large networth if i have been only working 1 year. I been working and saving my whole life. Plus since being Asian my parents paid for college and everything associated to it...I am lucky.

I Bonds and Savings accounts

I bonds are 6.73% which is really high. I would recommend anyone to buy them since they are safe and yield a high return. Only a hand full of online banks such as emigrantdirect and HSBC are offering a nice 4%. The best thing is that HSBC gives you an ATM card you can use to take out cash instantly.

NetworthIQ

A good site to compare and track finances is Networthiq.com. You can compare by age, education, salary, and industries. Below is my networthiq profile. I am going to have to update it. =)

david Profile: Public (http://www.networthiq.com/people/david) Website:

Net Worth
( October 2005 )
Assets
Cash	40,542
Stocks	27,541
Bonds	0
Annuities	0
Retirement	0
Real Estate	0
Cars	0
Personal Property	0
Other	0
Total Assets	68,083
Debts
Mortgages	0
Student Loans	0
Credit Card	0
Car Loans	0
Other	0
Total Debts	0
Net Worth	$68,083

Financial Nitty Gritty Account Totals Banking $41,684.97 Credit Cards -$51.05 Investment $27,636.62 Total Value $69,270.54 I use MSN money online and love it. I love the ability to update and keep your account up to date. Another good service is Yodlee.com. Well as you can see this is my financial picture right now. Currently i am trying to save as much as possible. I would like to retire at 55. Almost at 70k, my 401k should update tommorow to reflect a 600 increase in my networth. About Financial blog to track my progress and share tips. About Me Name: SavingWisely I am a 30 year old male living in California. I recently purchased a condo and wish to retire young with a target networth of 3 million. With a networth of almost 500k I have much to go... View my complete profile Links Google News Funny Munny Neos Nest Egg Previous 20.00 August Network Update July Networth update June Networth Update TDAmeritrade Bonus May's Roundup TDAmeritrade Promo April Roundup March Roundup Feb round up Archives December 2005 January 2006 February 2006 March 2006 April 2006 June 2006 July 2006 September 2006 December 2006 Current Posts